Latest news with #DamanInvestments
CNBC
07-05-2025
- Business
- CNBC
Old days of boom and bust no longer norm, says Gargash Group
Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET "The old days of boom and bust are no longer the norm," Shehab Gargash, chairman of Daman Investments and group CEO of Gargash Group, tells CNBC's Dan Murphy at the DFM Capital Markets Summit.
CairoScene
22-02-2025
- Entertainment
- CairoScene
Global Streaming Platform Myco Expands Into Egypt
The streaming platform is claiming to offer over 10,000 hours of Arabic content across films, series and podcasts. Feb 22, 2025 Myco, a global streaming platform based out of Dubai, is expanding into Egypt as part of its Myco Arabia campaign, following the streaming platform's expansion into Pakistan. Myco offers a 'watch and earn' model, a free-to-use system that incentivizes its viewers with more content through engagement. The platform claims to offer over 10,000 hours of Arabic content across films, series and podcasts. 'Egypt is not just a market for us - it's a cultural powerhouse that has shaped storytelling in the Arab world,' Tariq Jaser, Co-founder of Myco, said. 'Establishing Myco Arabia in Cairo is a pivotal moment in our journey. Our goal is to empower creators, redefine content consumption, and build a streaming ecosystem that extends beyond Egypt into UAE, KSA, and beyond.' In August 2024, Myco secured the first half of its Series A funding, raising $10 million from key investors, including Daman Investments, Aptos Labs, and Mocha Ventures, pushing its post-money valuation to $80 million.
Zawya
17-02-2025
- Business
- Zawya
Daman Investments collaborates with Société Générale to strengthen ESG-focused investing
Dubai, UAE – Daman Investments PSC ('Daman'), a leading UAE financial institution, is proud to announce its latest initiative aimed at advancing sustainable investment opportunities. Developed in collaboration with Société Générale, the initiative underscores Daman Investment's dedication to aligning with globally recognized ESG frameworks. By integrating stringent sustainability criteria into its approach, the initiative exemplifies the company's commitment to responsible investing. This ESG Focused strategy is particularly relevant in light of the current economic environment, characterized by declining interest rates and increased market volatility. Daman Investments strives to achieve stability, long-term value, and protection, making it's platform an attractive proposition for professional and institutional investors seeking ESG-aligned opportunities. If you are a Professional Investor and would like more information on sustainable investment opportunities, please visit or contact our dedicated investment team on email at cs@ or call 0097143324140. Professional Investors: Discussions on sustainable investment opportunities, and any investment actions following such discussions, can only be with or made by individuals or entities who are Professional Investors as defined in the SCA Rulebook. For more details, refer to this link: About Daman Investments Daman Investments stands as a preeminent regional investment firm, distinguished for its comprehensive suite of non-banking financial services catering to institutional clients, corporations, SMEs, and high-net-worth individuals. Our overarching objective is to assume a pivotal role in the burgeoning new Arab World Economy. Propelled by unwavering commitment to ethics, excellence, and client-centricity, we offer innovative and bespoke solutions to assist you in not only meeting but surpassing your financial aspirations. With a legacy spanning over 25 years, Daman Investments has consistently redefined the contours of the financial services landscape. Daman Investments PSC ('Daman') is a private joint stock company operating under the regulation, control and supervision of the Securities & Commodities Authority of the UAE ('SCA'). Daman is licensed and authorized by the SCA- License Number-301043 for the conduct of the following financial activities: (i) Portfolios Management (Category 2- Dealing in Investment); (ii) Investment Fund Management. (Category 2- Dealing in Investment); and (iii) Promotion (Category 5- Arranging and Advice). About Société Générale Private Wealth Management Société Générale Private Wealth Management (SGPWM) is the wealth management arm of Société Générale, one of Europe's largest financial services groups. Based in Luxembourg, SGPWM specializes in providing personalized wealth management services to high-net-worth individuals (HNWIs), families, and institutions.
